Riskified: Fourth Quarter Financial Overview
Riskified Announces Fourth Quarter Financial Results
Riskified Ltd. (RSKD), headquartered in New York, revealed a net profit of $5.8 million for the fourth quarter.
The company reported earnings of $0.04 per share. After adjusting for expenses related to stock options and amortization, adjusted earnings reached $0.12 per share.
These figures surpassed analysts' expectations, as the consensus among three Zacks Investment Research analysts had predicted earnings of $0.10 per share.
Riskified, which specializes in fraud prevention solutions, generated $99.3 million in revenue for the quarter, exceeding the anticipated $96.9 million projected by analysts surveyed by Zacks.
For the entire year, Riskified recorded a net loss of $27.6 million, or $0.18 per share, while total revenue amounted to $344.6 million.
Looking ahead, the company forecasts its full-year revenue to fall between $372 million and $384 million.
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